Employment Agency For Sale
Location Singapore
Asking Price Range < $250K
Gross Revenues $1000000
Net Profit / Cash Flow $25000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Retirement.
Description - Under the Amended EA Regulatory Framework wef Feb 2011, you need to have Certificate for Employment Intermediaries - CEI (KAH) to run and/or manage an Licensed Employment Agency (EA) in Singapore. Your company (a Corporate Entity) has to furnish a S$60,000 Security Deposit (SD) to have a Comprehensive Licence valid for 3 years.
- With our establishment, you can take over the Company and run the EA with an approved Main Office and a branch office. And you are only required to furnished a S$20,000 SD. Save time in applying for an EA License, save on setting up a Corporate Entity. What you need is a CEI (KAH) (Full certification or certification without EFMA - if your are recruiting only local Singaporean/PR candidates).
- We also pass on to you our current contacts, clients and manpower supplier details and websites.
- This offer for sale is best for Corporate recruitment agency who operate as a manpower distributor in Singapore when you already have recruitment centers in overseas locations such as China, India, Indonesia, Myanmar, the Philippines etc.
- Asking USD20,000 only.
- Licensee preferably a Singapore PR or Singaporean, unless you don't mind to apply for an Employment Pass to specificaly operate this business.
- Hurry! Email or call us now - David Haw at +65-91700500.
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